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Crossroads: Rihanna closes Fenty, but Savage X Fenty raises $115M in funding to expand into Retail

Last Wednesday, Rihanna's Savage x Fenty lingerie brand announced that it has completed a $115 million Series B fundraising round. The latest round was led by the Growth Fund of L Catterton, the largest global consumer-focused private equity firm, with participation from existing investors as well as a number of new investors. With the Series B funding, the company plans to expand into retail. But, while Savage x Fenty is expanding, Rihanna's […]

todayFebruary 16, 2021

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